"Billing address" thing when trying to buy something on market

[76561198285398721]

this didnt happen before, now when i try to buy something on the market, i get a "Billing address" thing with a bunch of boxes to enter information into, like first and last names, billing address line 1 and 2, city, state/province, zip code

i get the feeling this is something forced by the government (australia for me) like the "anti-money laundering" stuff? but im still not sure what billing address means, i tried google and ai and it just sounds like address, and is related to bank transfers or bank cards or whatever but ive never used that

[ReBoot]

Imagine, you'd get a bill mailed to you. You won't, jsut imagine.

Whatvaddress would that bill go to?

[76561198285398721]

Originally posted by ReBoot:

Imagine, you'd get a bill mailed to you. You won't, jsut imagine.

Whatvaddress would that bill go to?

so its just an address right
and if yea, then why is it called a billing address if theres no bill, and what bill would i be paying if there is one, its all handled inside steam with their virtual currency/steam wallet thing

[ReBoot]

Originally posted by 76561198285398721:

Originally posted by ReBoot:

Imagine, you'd get a bill mailed to you. You won't, jsut imagine.

Whatvaddress would that bill go to?

so its just an address right
and if yea, then why is it called a billing address if theres no bill, and what bill would i be paying if there is one, its all handled inside steam with their virtual currency/steam wallet thing

It is THE address. Your address, that is. Not just some random address, it has to be yours or you'll be committing fraud.

It is called "billing address" because there's people on this world who have different billing/business addresses from where they live. That's why almost every business in this world uses the term "billing address". That's why it's called a billing address. Ultimately, market transactions are monetary transactions, that's why it doesn't matter where you live, it matters where you'd have your bills sent to.

[76561198285398721]

Originally posted by ReBoot:

Originally posted by 76561198285398721:

so its just an address right
and if yea, then why is it called a billing address if theres no bill, and what bill would i be paying if there is one, its all handled inside steam with their virtual currency/steam wallet thing

It is THE address. Your address, that is. Not just some random address, it has to be yours or you'll be committing fraud.

It is called "billing address" because there's people on this world who have different billing/business addresses from where they live. That's why almost every business in this world uses the term "billing address". That's why it's called a billing address. Ultimately, market transactions are monetary transactions, that's why it doesn't matter where you live, it matters where you'd have your bills sent to.

ok that makes sense, i understand the billing address term now
except the fraud thing
i dont understand how theres any possibility for fraud, even if u lie about ur address, because all money has already been exchanged (in my case), i already bought the steam gift card and entered the code, and the money is already in valves system, i still dont understand purpose of entering an address

[ReBoot]

Originally posted by 76561198285398721:

Originally posted by ReBoot:

It is THE address. Your address, that is. Not just some random address, it has to be yours or you'll be committing fraud.

It is called "billing address" because there's people on this world who have different billing/business addresses from where they live. That's why almost every business in this world uses the term "billing address". That's why it's called a billing address. Ultimately, market transactions are monetary transactions, that's why it doesn't matter where you live, it matters where you'd have your bills sent to.

ok that makes sense, i understand the billing address term now
except the fraud thing
i dont understand how theres any possibility for fraud, even if u lie about ur address, because all money has already been exchanged (in my case), i already bought the steam gift card and entered the code, and the money is already in valves system, i still dont understand purpose of entering an address

Pro tip: don't argument with technicalities when it's about (legal) formalities.

It's still a monetary transaction. Still, someone else, possibly in the US or Europe or ♥♥♥♥-knows-where will get some share of the money you have left at that gas station (or whever you've bought that Steam wallet card). In other words, you are participating in what's essentially international money transfer. Let's say, someone who gets the money from your market purchase will use that to buy a game. Now, a part of the money you've spent will end up in some game developer's bank account. This all has to be legally sound in case Interpol got an international money laundering case on their hands.

And here we've reached the point of legal regulations and here we've reached the point where faking your address would be illegal because, y'know, governments, laws & all that stuff.

[76561198285398721]

Originally posted by ReBoot:

Originally posted by 76561198285398721:

ok that makes sense, i understand the billing address term now
except the fraud thing
i dont understand how theres any possibility for fraud, even if u lie about ur address, because all money has already been exchanged (in my case), i already bought the steam gift card and entered the code, and the money is already in valves system, i still dont understand purpose of entering an address

Pro tip: don't argument with technicalities when it's about (legal) formalities.

It's still a monetary transaction. Still, someone else, possibly in the US or Europe or ♥♥♥♥-knows-where will get some share of the money you have left at that gas station (or whever you've bought that Steam wallet card). In other words, you are participating in what's essentially international money transfer.

And here we've reached the point of legal regulations and here we've reached the point where faking your address would be illegal because, y'know, governments, laws & all that stuff.

so it is a government thing?
in which case i guess it makes sense that it doesnt make sense because its not actually for any normal reason
edit: unless i missed that its actually for valve to post me a steam deck with hl3

[76561198285398721]

Originally posted by ReBoot:

Originally posted by 76561198285398721:

so it is a government thing?
in which case i guess it makes sense that it doesnt make sense because its not actually for any normal reason
edit: unless i missed that its actually for valve to post me a steam deck with hl3

You're replying to the 3rd paragraph, entirely ignoring zh second. That's impolite.

no i replied to the whole